United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Position Raised by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. boosted its position in shares of United Airlines Holdings, Inc. (NASDAQ:UAL) by 5.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 535,291 shares of the transportation company’s stock after purchasing an additional 25,500 shares during the period. Capital Group Private Client Services Inc.’s holdings in United Airlines were worth $51,977,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in UAL. Moody National Bank Trust Division boosted its position in shares of United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock worth $470,000 after buying an additional 98 shares during the period. Diversify Advisory Services LLC lifted its stake in United Airlines by 2.2% in the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after acquiring an additional 101 shares in the last quarter. Metis Global Partners LLC boosted its position in United Airlines by 2.0% during the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company’s stock worth $631,000 after acquiring an additional 129 shares during the period. Hemington Wealth Management grew its stake in United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 131 shares in the last quarter. Finally, Bell Investment Advisors Inc grew its stake in United Airlines by 60.3% during the 4th quarter. Bell Investment Advisors Inc now owns 359 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 135 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

United Airlines Stock Performance

NASDAQ:UAL opened at $66.30 on Friday. The firm has a market capitalization of $21.70 billion, a PE ratio of 7.03, a PEG ratio of 0.67 and a beta of 1.19. United Airlines Holdings, Inc. has a 1 year low of $37.02 and a 1 year high of $116.00. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The firm’s fifty day simple moving average is $79.87 and its 200 day simple moving average is $87.25.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.16. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. The company had revenue of $13.21 billion for the quarter, compared to the consensus estimate of $13.47 billion. On average, sell-side analysts anticipate that United Airlines Holdings, Inc. will post 12.96 EPS for the current year.

Wall Street Analysts Forecast Growth

UAL has been the subject of several research reports. Susquehanna decreased their price target on shares of United Airlines from $90.00 to $81.00 and set a “positive” rating for the company in a report on Thursday. Jefferies Financial Group decreased their target price on shares of United Airlines from $154.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, April 1st. UBS Group upped their price target on shares of United Airlines from $59.00 to $67.00 and gave the stock a “neutral” rating in a research note on Thursday. TD Cowen boosted their target price on United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Raymond James cut United Airlines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 2nd. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, United Airlines currently has an average rating of “Moderate Buy” and an average price target of $101.95.

About United Airlines

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.